Here's What Key Metrics Tell Us About Synopsys (SNPS) Q1 Earnings
SNPSSynopsys(SNPS) Zacks Investment Research·2024-02-22 08:01

Synopsys (SNPS) reported 1.65billioninrevenueforthequarterendedJanuary2024,representingayearoveryearincreaseof21.21.65 billion in revenue for the quarter ended January 2024, representing a year- over-year increase of 21.2%. EPS of 3.56 for the same period compares to 2.62ayearago.Thereportedrevenuerepresentsasurpriseof+0.232.62 a year ago. The reported revenue represents a surprise of +0.23% over the Zacks Consensus Estimate of 1.65 billion. With the consensus EPS estimate being $3.43, the EPS surprise was +3.79%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...